616, Parkviews Rawda Apartments
Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Parkviews Rawda Apartments
What is 616 worth today?
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Source: Dubai Land Department. Updated 13 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 992 sqft
- Floor
- 6th of 12
- Parking
- P-202
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 951K · September 2020
- Building
- Parkviews Rawda Apartments
About 616, Parkviews Rawda Apartments
616 is a two-bedroom apartment of 992 sqft on the 6th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 1 September 2020 for AED 950,888, or AED 958 per sqft, 4% below the AED 997 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 13 July 2026, is AED 81,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 16,100 a year.
Sales and rents for 616 over time
616 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Parkviews Rawda Apartments, and where 616 sits
All 120 2-beds →616 last sold in September 2020 at AED 958 per sqft, 4% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 997). Over the last 12 months two-beds sold for AED 1,030,000 to 1,560,888, around AED 1,280 per sqft, and rent for AED 36,000 to 150,000 a year. 616's AED 81,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 992 sqft | 1,560,888 | 1,573 | ||
| 16 Jun 202616 June 2026 | 933 sqft | 1,030,000 | 1,104 | ||
| 4 Jun 20264 June 2026 | 1,027 sqft | 1,200,000 | 1,168 | ||
| 13 Feb 202613 February 2026 | 928 sqft | 1,400,000 | 1,508 |
Parkviews Rawda Apartments
Building204 apartments, 1-bed to 3-bed over 12 floors in Town Square, completed in 2020 by Nshama Properties. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,229 Up 0.7%
- Typical sale
- AED 1.21M
- Typical rent
- AED 85K /yr
- Typical yield
- 7.0%
Other units on the 6th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 804 sqft | AED 801KAED 800,888 · Sep 2020September 2020 | 46,200 /yr | |
| 602 | 1-bed | 710 sqft | AED 791KAED 790,888 · Aug 2020August 2020 | 75,000 /yr | |
| 603 | 3-bed | 1,498 sqft | AED 1.63MAED 1,629,888 · Apr 2021April 2021 | 75,000 /yr | |
| 604 | 3-bed | 1,520 sqft | AED 1.53MAED 1,534,888 · Nov 2021November 2021 | 140,000 /yr | |
| 605 | 3-bed | 1,581 sqft | AED 2.1MAED 2,100,000 · Nov 2026November 2026 | ||
| 606 | 2-bed | 932 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | 62,512 /yr | |
| 607 | 2-bed | 954 sqft | AED 1.23MAED 1,230,000 · Oct 2024October 2024 | 50,000 /yr | |
| 608 | 1-bed | 688 sqft | AED 776KAED 775,888 · Aug 2020August 2020 | 60,000 /yr | |
| 609 | 1-bed | 808 sqft | AED 781KAED 780,888 · Aug 2020August 2020 | 70,000 /yr | |
| 610 | 2-bed | 953 sqft | AED 1.08MAED 1,075,000 · Aug 2024August 2024 | 70,000 /yr | |
| 611 | 2-bed | 1,048 sqft | AED 956KAED 955,888 · Dec 2020December 2020 | 90,000 /yr | |
| 612 | 2-bed | 1,029 sqft | AED 1.45MAED 1,450,888 · Sep 2025September 2025 | 73,000 /yr | |
| 613 | 2-bed | 935 sqft | AED 1.15MAED 1,150,000 · Oct 2024October 2024 | 120,000 /yr | |
| 614 | 2-bed | 933 sqft | AED 990KAED 989,888 · Aug 2020August 2020 | 90,000 /yr | |
| 615 | 2-bed | 946 sqft | AED 943KAED 942,888 · Sep 2020September 2020 | 100,000 /yr | |
| 617 | 2-bed | 1,144 sqft | AED 1.08MAED 1,080,888 · Aug 2020August 2020 | 78,500 /yr |
616, Parkviews Rawda Apartments in numbers
- Sold once: by Nshama Properties on 1 September 2020 for AED 950,888, or AED 958 per sqft.
- Rented since March 2021 on 7 Ejari contracts, from AED 43,000 to AED 81,000 a year.
- At AED 81,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 16,100 a year (AED 16.27 per sqft).
- Two-beds in Parkviews Rawda Apartments sold for AED 1,030,000–1,560,888 in the 12 months to November 2026; the building's median across all types is AED 1,229 per sqft.
Source: Dubai Land Department. Updated 13 July 2026.
Questions about 616, Parkviews Rawda Apartments
What did unit 616 last sell for?
AED 950,888 on 1 September 2020, sold by the developer: AED 958 per sqft for 992 sqft. It is the only registered sale of the unit.
What is the rent for unit 616?
AED 81,000 a year on the contract renewed on 13 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since March 2021.
How big is unit 616?
992 sqft (92.2 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2020.
What is unit 616 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Parkviews Rawda Apartments sold for AED 1,030,000 to 1,560,888 in the last 12 months, around AED 1,280 per sqft.
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Mortgage on 616, Parkviews Rawda Apartments
Starts from the last sale price (AED 951K, 1 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 950,888
- Deposit, UAE resident (20%)
- AED 190,178
- Deposit, non-resident (40%)
- AED 380,355
- Monthly over 25 years at 3.7%
- AED 3,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →